Re: Argentina--how the asset stripping took off

[ALI KADRI <akadri_00@xxxxxxxxx>]

Isn't Brazil in a much worse position, macro
accounting and socially. Th exposure is such that none
the measures taken now in argentina can be implemented
in Brazil. it is also possible that much more would
have to stripped to bring half the population to live
at below one dollar a day as is the case in Brazil.
--- Ian Murray <seamus2001@xxxxxxxxx> wrote:
> Corporate Governance: An International Review
>
> Corporate Governance in Argentina: the outcome of
> economic freedom (1991-2000)
>
> Volume 9: Issue 4
>
>
> Rodolfo Apreda: Universidad del Cema, Buenos Aires,
> Argentina
>
> Abstract:
>
> This paper develops and provides evidence for two
> statements: a) In Argentina, there has been a
> marked shift in ownership and control from big
> family-owned domestic companies towards foreign
> groups and investment funds, and b) While coping
> with governance issues, Argentina has been
> following the common law countries tradition,
> fostering a capital-market-based financial system
> and
> swapping its corporate governance practices
> outright. To ground these statements on facts, I
> survey
> corporate governance issues in this country before
> 1991, the underlying legal framework, the new
> rules of the game in capital structure and ownership
> as from 1991, largely due to a wave of
> privatisations, restructuring, mergers and
> acquisitions that took place through the last
> decade.
>
>
> Article Type: Original article
>
> Page range: 298 - 310
>
> 5 Table(s) 13 Page(s)
>
>
>


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